Saudi Exchange Company Publishes the Draft Amendments of the Listing Rules of debt instruments for Public Consultation

18 July, 2024 16:49

As part of the Saudi Exchange Company keenness to involve all concerned and interested parties to participate and share their observations on the Market regulatory frameworks, the Saudi Exchange announces publishing the draft amendments of the Listing Rules of debt instruments in the Saudi Exchange for public consultation, which can be viewed through the following link: • Draft Amendments to the Listing Rules (Click here). Proposed amendments to the Listing Rules are aimed at facilitating listing requirements for debt instruments by reducing the minimum listing size of sukuk and bonds in addition to excluding offered Debt Instruments by way of exempt offer in accordance with the Rules on the Offer of Securities and Continuing Obligations issued by the Kingdom’s development funds and banks and the Kingdom’s sovereign funds from the provisions of part 3 of the Listing Rules, this contributes to stimulating the issuance of sukuk and bonds and activating the debt capital market as one of the main channels for financing business and the economy, without compromising the level of investor protection. Saudi Exchange would be pleased to receive your feedback and observations no later than 31/07/2024G corresponding to 25/01/1446H through the following email: Public.Consultation@tadawulgroup.sa Your feedback shall be considered and assessed during the process of issuing the final versions.